United States · Renewables & environment startup

Pacific Fusion

Pacific Fusion was founded in 2023 to deliver commercial fusion energy to power cities, businesses and homes.

Funding reportedLast round: Series A

Renewables & environmentFremont, United States

About Pacific Fusion

Pacific Fusion was founded in 2023 to deliver commercial fusion energy to power cities, businesses and homes.

We're rapidly designing and building a pulser-driven inertial fusion system to achieve net facility gain – more fusion energy output than stored energy input – by 2030. Our plans are ambitious. We have raised over $900M so far from incredible investors, resourcing us to deliver on these plans. We are bringing together the best scientists, engineers, and operators from the fusion community, hard tech industry, and other sectors. We are united by a shared sense of urgency to provide clean power for the world, particularly managing climate change while meeting growing global energy demand. You can read more about us in this letter from our founders: https://pacificfusion.com/updates/founders-letter

What company datasets say Pacific Fusion raised

Funding, as reported

Reported in all$1.0Bin dollars
Last roundSeries A
Last round size$900M
Last round dateOct 2024
Investors listed5

Founders and team

From Pacific Fusion's own website: 1 founder, 1 on the team.

Patrick CollisonCo-founder and CEO of Stripe
  • Hemant TanejaCEO and Managing Director of General Catalyst

On 4 portfolio pages

Investors who name them

Each firm lists Pacific Fusion on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

fusion technologyfusion system scalabilityfusion system modularitymanufacturing scalabilityfusion system componentsnet facility gainhigh-current pulsesclean energy & technologyfusion system innovationfusion researchfusion system high-gain inertial fusionrenewable energy power generationhydrogen fusionfusion target design validationpulsed power technologyfusion rapid iteration

Built with from their website

Amazon SESGoogle Tag ManagerEnvoySquarespace ECommerceHomesteadOpticStudioFabricMailChimpMicrosoft ProjectGoogle Workspace

+8 more

CloudFlareGemViewport MetaLinkedIn AdsFluid AdsSAP Materials ManagementAmazon Simple Email ServiceFeathr

Sector
Renewables & environment
Industry code
NAICS 221118, 541715, SIC 3621, 4911, 8731
Region
California
Full record
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Renewables & environment in United States

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